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May 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-06-08
American credit market outlook

American credit market outlook

Verizon Communications Inc's leverage will jump significantly after its wireless arm acquires junk-rated Alltel Corp, but with strong cash flows and a commitment to paying down debt the impact on its ratings will be relatively limited.
Published 08 Jun, 2008 12:00am
Two bomb makers held after blasts in Multan

Two bomb makers held after blasts in Multan

Gulgasht Police here have arrested Mehram Ali and Sahil Ali, but mastermind Abdul Rauf could not be apprehended. They were making bombs in a house in Sadat Colony (Ghaziabad) on Saturday. SSP (Operation) Muhammad Nawaz Waraich confirmed their arrest and s
Published 08 Jun, 2008 12:00am
Pessi to spend Rs 300 million on labour welfare

Pessi to spend Rs 300 million on labour welfare

The Punjab Employees Social Security Institution (Pessi) is planning to utilise reserve funds of Rs 300 million for purposeful programme in the best interest of industrial labour, while a special health board will be constituted in near future.
Published 08 Jun, 2008 12:00am
Ghani briefed on Lady Reading Hospital working

Ghani briefed on Lady Reading Hospital working

The NWFP Governor Owais Ahmed Ghani presided over a briefing on the working and future development of Lady Reading Hospital (LRH) the oldest and the biggest tertiary health care institution in Peshawar here on Thursday.
Published 08 Jun, 2008 12:00am
Aslam assumes charge as EDO Revenue

Aslam assumes charge as EDO Revenue

Malik Muhammad Aslam has assumed the charge as Executive District Officer (Revenue). Earlier, he was posted at Wasa Faisalabad as Director Revenue and Admn. After assuming charge as EDO (R), he held meeting of revenue officers of the district and issued n
Published 08 Jun, 2008 12:00am
Abadgars hail rangers' deployment on canals

Abadgars hail rangers' deployment on canals

Farmer Organisations Council (FOC) Sindh Chairman Javed Junejo has welcomed the deployment of Rangers in Nara Canal system. He said, "70 percent areas of Nara Canal have been handed over to Farmers Organisation (FOs) and we would visit the distributaries
Published 08 Jun, 2008 12:00am
People awaiting Musharraf's exit: PML-N

People awaiting Musharraf's exit: PML-N

The Secretary General, International Affairs, Pakistan Muslim League- Nawaz (PML-N), Sheikh Kaiser Mehmood has said that people cannot tolerate the President, Pervez Musharraf and are waiting for his resignation. Speaking at a reception held in his honour
Published 08 Jun, 2008 12:00am
Musharraf stands isolated, says Hamza

Musharraf stands isolated, says Hamza

Pakistan Muslim League-Nawaz leader and party candidate for NA-119 Hamza Shahbaz Sharif has said that Pervez Musharraf is now fully exposed and stands isolated. Addressing a meeting in connection with his election campaign here on Saturday, Hamza said.
Published 08 Jun, 2008 12:00am
Shahbaz files papers for Punjab chief minister

Shahbaz files papers for Punjab chief minister

PML-N President and newly elected member of Punjab Assembly Shahbaz Sharif filed his papers for ascertainment as Punjab Chief Minster with Punjab Assembly Secretary Maqsood Malik on Saturday. Zulifqar Khosa, President PML-N, Punjab, and other members of t
Published 08 Jun, 2008 12:00am
'Punjab will be a role model under Shahbaz leadership'

'Punjab will be a role model under Shahbaz leadership'

Spokesman Pakistan Muslim League (N) Siddiq-ul-Farooq Saturday said that Punjab province would become a role model for others under the dynamic leadership of Mian Shahbaz Sharif. In a telephonic interview to PTV, the PML-N spokesman said that Shahbaz Shar
Published 08 Jun, 2008 12:00am
Shahbaz to introduce effective reforms: Khosa

Shahbaz to introduce effective reforms: Khosa

"Mian Shahbaz Sharif would introduce revolutionary reforms in education, health, agriculture, livestock, police and different other sectors, turning Punjab into a model province," said outgoing Chief Minster Sardar Dost Muhammad Khosa here on Saturday.
Published 08 Jun, 2008 12:00am
Wapda focusing on hydel power: Raghib

Wapda focusing on hydel power: Raghib

Member Water and Power Development Authority (Wapda) Syed Raghib Abbas Shah has said that Wapda is focusing on hydel power which is environmentally clean and our country has the potential to generate power of more than 50,000 MW and we have utilised only
Published 08 Jun, 2008 12:00am
LDA's anti-encroachment drive continues

LDA's anti-encroachment drive continues

The staff of the Estate Management Directorate of Lahore Development Authority continued here Saturday its operation against encroachments and other illegal constructions, including 'khokas', unauthorised extensions of shops and further impediments in smo
Published 08 Jun, 2008 12:00am
Transfers and postings

Transfers and postings

The Lahore High Court has made transfers and postings among two District and Sessions Judges, six Additional District and Sessions Judges and three Senior Civil Judges. According to a notification District and Sessions Judges Sagheer Ahmed Qadri was trans
Published 08 Jun, 2008 12:00am
LHCBA to take out car, motorbike rally on June 9

LHCBA to take out car, motorbike rally on June 9

The Lahore High Court Bar Association (LHCBA) in pursuance of their campaign to create awareness among the masses for "Long March" to be commenced on June 10 will take out a car and motorbike rally on Monday. Secretary Bar Rana Asadullah Khan said that th
Published 08 Jun, 2008 12:00am
Pida, FOs carry out survey of canals

Pida, FOs carry out survey of canals

Punjab Irrigation and Drainage Authority (Pida) and Farmers Organisations (FOs) jointly carried out a comprehensive survey of the condition of canals in the province.
Published 08 Jun, 2008 12:00am
Attack on Danish embassy

Attack on Danish embassy

The car-bomb explosion outside the Danish embassy on Monday, killing eight people and injuring twice that number, has ended two and a half months of calm and tranquillity the residents of the Capital had begun to savour. In March the blast at a restaurant
Published 08 Jun, 2008 12:00am
Time to investigate Kargil adventure

Time to investigate Kargil adventure

Much as the architect of the failed Kargil operation, retired General Pervez Musharraf, would like that 'debacle' to be forgotten, it has suddenly been catapulted to centre stage by the public revelations of a former insider, Lieutenant General Jamshed Gu
Published 08 Jun, 2008 12:00am
Kiyani's interview - II

Kiyani's interview - II

General Jamshed Kayani's (R) revelations about Musharraf's Kargil misadventure may have shocked those who considered the commando as a brave man, but not those for whom he was always a bull in a china shop. After all what kind of general would order his t
Published 08 Jun, 2008 12:00am
Loadshedding

Loadshedding

Power shutdown has now become a necessary evil of our life, if electricity goes for several hours during the day. Karachiites are fed up with this unscheduled power failure in most parts of the city as the government is trying to tackle the challenges by
Published 08 Jun, 2008 12:00am
Present government not sincere to reinstate judges: Rashid

Present government not sincere to reinstate judges: Rashid

The Awami Muslim League (AML) chief, Rashid Ahmed, said here on Saturday that the present regime is neither serious nor sincere to reinstate the judges of the superior courts and the months of September and October could be critical for the country.
Published 08 Jun, 2008 12:00am
APDM, BBA take out protest rally

APDM, BBA take out protest rally

All Parties Democratic Movement (APDM) and Balochistan Bar Association (BBA) jointly took out protest rally here on Saturday. The rally attended by a large number of APDM activists and lawyers started from the premises of district court and culminated at
Published 08 Jun, 2008 12:00am
Traders asked to honour price list

Traders asked to honour price list

The DCO has instructed the business community to honour the price list issued by the district government. Chairing a price control committee meeting here on Saturday, DCO Muhammad Khurram Agha warned that profiteers would be proceeded against under the Pr
Published 08 Jun, 2008 12:00am
PPP rejects President's criticism of political leaders

PPP rejects President's criticism of political leaders

The Pakistan People's Party has rejected criticism of the political leadership of the country by President Pervez Musharraf as unwarranted, uncalled for and not commensurate with his status diminished by the massive February 18 vote against him.
Published 08 Jun, 2008 12:00am
Thar desert facing endemic fluorosis: PCSIR experts

Thar desert facing endemic fluorosis: PCSIR experts

Thar Desert of Sindh is among Pakistan's areas which are experiencing endemic fluorosis on regional scale. Pakistan Council of Scientific Industrial Research (PCSIR) Karachi Senior Scientific Officer Muhammad Tahir Rafique said here on Friday, defending h
Published 08 Jun, 2008 12:00am
West 'resigned' to Iranian bomb: Israeli minister

West 'resigned' to Iranian bomb: Israeli minister

An Israeli minister on Saturday accused the international community of failing to halt Iran's nuclear drive and the West of being "resigned" to Tehran's development of nuclear weapons. "My feeling is that the enlightened Western world, and I don't know if
Published 08 Jun, 2008 12:00am
IAEA warns against attacks on nuclear plant states

IAEA warns against attacks on nuclear plant states

The International Atomic Energy Agency (IAEA) has warned against threats of military action against states with suspected nuclear plants, charging that the threats are undermining the international Nuclear Non-Proliferation Treaty (NPT), a German news mag
Published 08 Jun, 2008 12:00am
Larijani threatens IAEA against playing for time

Larijani threatens IAEA against playing for time

Iran's powerful parliament speaker Ali Larijani warned the UN nuclear watchdog on Saturday against playing for time in a dispute over Iran's controversial atomic programme. Iran came under heavy fire at a meeting of the International Atomic Energy Agency
Published 08 Jun, 2008 12:00am
Darfur child refugees sold as soldiers

Darfur child refugees sold as soldiers

Refugees from the Darfur conflict as young as nine years old are being sold to armed rebel groups as child soldiers, campaigners Waging Peace said Saturday. Children who fled the conflict in western Sudan are being kidnapped in refugee camps in neighbouri
Published 08 Jun, 2008 12:00am
Fatah nominates Abbas as presidential candidate

Fatah nominates Abbas as presidential candidate

Palestinian President Mahmoud Abbas' Fatah party nominated him as its candidate for upcoming presidential elections, a senior Fatah official said on Saturday."Fatah is ready to run in the presidential elections and Palestinian President Mahmoud Abbas is t
Published 08 Jun, 2008 12:00am
Hamas, Fatah delegates meet Senegal's Wade

Hamas, Fatah delegates meet Senegal's Wade

Hamas and Fatah delegates have met Senegalese President Abdoulaye Wade in a first round of mediation aimed at finding a common position for an eventual deal with Israel, Senegalese state media reported on Saturday.
Published 08 Jun, 2008 12:00am
Phoenix digs up first sample of Martian soil

Phoenix digs up first sample of Martian soil

Nearly two weeks after its historic landing, the US Mars probe Phoenix has scooped up its first sample of Martian soil and begun analysing it for water and organic compounds, a NASA official said Friday. The 200-milliliter (12 cubic inches) of Martian ear
Published 08 Jun, 2008 12:00am
US 'the world's leading jailer:' HRW

US 'the world's leading jailer:' HRW

The United States has 2.3 million people behind bars, more than any other country in the world and more than ever before in its history, Human Rights Watch said Friday. The number represents an incarceration rate of 762 per 100,000 residents, compared to
Published 08 Jun, 2008 12:00am
Saudi king prepares ground for interfaith meeting

Saudi king prepares ground for interfaith meeting

Saudi Arabia's King Abdullah has won backing from Muslim clerics from around the world for an interfaith dialogue with Christians and Jews, state media reported on Saturday. Some 500 religious scholars and academics gathered for a 3-day conference in Mecc
Published 08 Jun, 2008 12:00am
Brown begs for backing on terror plans

Brown begs for backing on terror plans

British Prime Minister Gordon Brown on Saturday begged his own party's lawmakers to back plans for tackling terror suspects, in a last-ditch bid to avoid a damaging defeat. The beleaguered premier wrote to every MP in his governing Labour Party, urging th
Published 08 Jun, 2008 12:00am
Zimbabwe court allows opposition rallies

Zimbabwe court allows opposition rallies

A Zimbabwe court ruled Saturday police could not ban opposition rallies in Harare, but a tax on foreign papers and a lawmaker's arrest added to signs of a pre-election crackdown by authorities.
Published 08 Jun, 2008 12:00am
Ivanovic romps to French Open final triumph

Ivanovic romps to French Open final triumph

Serbia's Ana Ivanovic won the French Open on Saturday, her first Grand Slam title, by ending Dinara Safina's heroic run to the final and crowning her elevation to the world number one spot in style. Ivanovic won 6-4, 6-3 as Russian 13th seed Safina saw he
Published 08 Jun, 2008 12:00am
Champions League gets go-ahead

Champions League gets go-ahead

The winners and runners-up in England's Twenty20 competition will join their equivalents from Australia, India and South Africa in a lucrative new tournament later this year.
Published 08 Jun, 2008 12:00am
PCB holds orientation session for umpires

PCB holds orientation session for umpires

The orientation sessions for 11 reserve umpires organised by Pakistan Cricket Board (PCB) in preparation for the Asia Cup concluded in Lahore. The two-day session was held for briefings and interactive lectures on modern umpiring, which involved extensive
Published 08 Jun, 2008 12:00am
Sreesanth ruled out of Bangladesh tri-series

Sreesanth ruled out of Bangladesh tri-series

India paceman Shanthakumaran Sreesanth has been ruled out of the upcoming tri-series in Bangladesh due to a side strain, a cricket board official said on Saturday. "Sreesanth has a left side strain and he will require two weeks to recover from it," cricke
Published 08 Jun, 2008 12:00am
Retired MacGill 'dying' to play on for state side

Retired MacGill 'dying' to play on for state side

Stuart MacGill said Saturday he was prepared to play on for New South Wales depending on fitness reports after retiring from international cricket. MacGill, 37, who returned home Saturday from Australia's tour to the West Indies, said he believed he had a
Published 08 Jun, 2008 12:00am
Tournament kicks off with alpine themed ceremony

Tournament kicks off with alpine themed ceremony

Switzerland opened up Euro 2008 with an alpine-themed opening ceremony in Basel on Saturday, featuring mock-up mountain scenes and waltzes. Nearly 1,000 performers from 13 countries took part in the ceremony before the opening match between co-hosts Switz
Published 08 Jun, 2008 12:00am
Qatar boost World Cup hopes with 1-0 win over China

Qatar boost World Cup hopes with 1-0 win over China

Qatar beat China 1-0 courtesy of a first half penalty in Asian qualifying for the 2010 World Cup in Tianjin on Saturday, leaving their hosts with a mountain to climb if they are to make it to South Africa. China now trail the Qataris by four points with t
Published 08 Jun, 2008 12:00am
Federer win will make him greatest ever: Borg

Federer win will make him greatest ever: Borg

Bjorn Borg believes Roger Federer can beat triple champion Rafael Nadal in Sunday's French Open final and cement his place as the greatest player of all time. Borg won six Roland Garros titles, including four in succession from 1978-1981, a landmark which
Published 08 Jun, 2008 12:00am
US Federal Reserve approves Countrywide purchase

US Federal Reserve approves Countrywide purchase

The US Federal Reserve Board on Thursday approved Bank of America Corp's acquisition of Countrywide Financial Corp. In a statement, the federal regulator said it considered many comments for and against the bank buyout and "has considered carefully the fi
Published 08 Jun, 2008 12:00am
IMM speculators trim bets versus US dollar

IMM speculators trim bets versus US dollar

Currency speculators trimmed bets against the US dollar in the latest period, weekly data from the Commodity Futures Trading Commission showed on Friday. The value of the net short US dollar position fell to $5.19 billion in the week to June 3, from $9.62
Published 08 Jun, 2008 12:00am
Forex outlook: dollar expected to drop in week ahead

Forex outlook: dollar expected to drop in week ahead

The US dollar is likely to face more pressure next week in the aftermath of a jump in the US unemployment rate to its highest in more than 3-1/2 years, which stoked concerns about the US economy at a time of rising inflation.
Published 08 Jun, 2008 12:00am
ECB rate hike talk pummel dollar in New York

ECB rate hike talk pummel dollar in New York

The dollar fell on Friday as an unexpected surge in the US jobless rate revived fears of a deeper and more prolonged economic downturn, diminishing the prospects of Federal Reserve interest rate hikes by year-end.
Published 08 Jun, 2008 12:00am
Swiss franc falls

Swiss franc falls

The Swiss franc fell against the euro on Friday, adding to hefty losses in the previous session, which were triggered by surprisingly hawkish tones from ECB chief Jean-Claude Trichet. Markets are now keen to see whether SNB board member Thomas Jordan will
Published 08 Jun, 2008 12:00am
European Central Bank's rate hike may push euro above 1.60 dollars

European Central Bank's rate hike may push euro above 1.60 dollars

The European Central Bank's shock message that interest rates could rise soon has sparked a rally in the euro and could push it to fresh record highs against the dollar as investors reassess the outlook for euro zone yields. The ECB held rates at 4 percen
Published 08 Jun, 2008 12:00am
US stocks finish lower

US stocks finish lower

US stocks plunged on Friday, marking the Dow's worst day in 15 months, after the government said the May unemployment rate jumped the most in 22 years and oil prices shot to another record, renewing fears that the US economy faces 1970s-style stagflation.
Published 08 Jun, 2008 12:00am
London Stock Exchange braces for flood of data

London Stock Exchange braces for flood of data

The London Stock Exchange will have a data feast to digest next week as investors seek to predict interest rate moves by the Bank of England, which last Thursday held rates steady at 5.0 percent. The FTSE 100 index ended the week on Friday at 6,906.8 poin
Published 08 Jun, 2008 12:00am
Canadian bond prices rebound to close higher

Canadian bond prices rebound to close higher

The Canadian bond prices rebounded from recent losses to close higher across the curve as a Bank of Canada rate cut next week is still considered a certainty, despite the latest jobs data, which came in below expectations.
Published 08 Jun, 2008 12:00am
Canadian bond prices rebound to close higher

Canadian bond prices rebound to close higher

The Canadian bond prices rebounded from recent losses to close higher across the curve as a Bank of Canada rate cut next week is still considered a certainty, despite the latest jobs data, which came in below expectations.
Published 08 Jun, 2008 12:00am
Toronto stocks slide

Toronto stocks slide

The Toronto Stock Exchange's main index ended lower on Friday after the crude price shot up by more than $10 a barrel, spurring worries about its impact on the economy and erasing a big market gain made early in the day. The key S&P/TSX composite index ju
Published 08 Jun, 2008 12:00am
Brazil stocks decline

Brazil stocks decline

Brazilian stocks slumped on Friday in tandem with Wall Street, where worse-than-expected employment data renewed fears of 1970s-style US stagflation. The Bovespa index of the Sao Paulo stock exchange ended 2 percent lower at 69,785.87 points, a day after
Published 08 Jun, 2008 12:00am
Argentine stocks drop

Argentine stocks drop

Argentine stocks dropped on Friday under the influence of Wall Street, where unemployment and record-high oil prices battered markets, and local bond prices were damaged by political uncertainty. The benchmark MerVal stocks index lost 0.45 percent to 2,17
Published 08 Jun, 2008 12:00am
Emerging debt: risk spreads widen on US stagflation fears

Emerging debt: risk spreads widen on US stagflation fears

Investor aversion to emerging markets assets increased on Friday as a combination of weak US jobs data and soaring commodities prices stoked fresh fears of stagflation in the world's largest economy. Venezuela was the asset class's lone exception, as US c
Published 08 Jun, 2008 12:00am
Emerging debt: risk spreads widen on US stagflation fears

Emerging debt: risk spreads widen on US stagflation fears

Investor aversion to emerging markets assets increased on Friday as a combination of weak US jobs data and soaring commodities prices stoked fresh fears of stagflation in the world's largest economy. Venezuela was the asset class's lone exception, as US c
Published 08 Jun, 2008 12:00am
Singapore's OCBC sells $184 million bonds in Malaysia

Singapore's OCBC sells $184 million bonds in Malaysia

Singapore's Oversea-Chinese Banking Corp said on Friday it has sold 600 million ringgit ($184 million) worth of tier 2 bonds in Malaysia. The lower tier 2 subordinated bonds have a 10-year maturity with a call option and coupon step-up after the fifth yea
Published 08 Jun, 2008 12:00am
Singapore's OCBC sells $184 million bonds in Malaysia

Singapore's OCBC sells $184 million bonds in Malaysia

Singapore's Oversea-Chinese Banking Corp said on Friday it has sold 600 million ringgit ($184 million) worth of tier 2 bonds in Malaysia. The lower tier 2 subordinated bonds have a 10-year maturity with a call option and coupon step-up after the fifth yea
Published 08 Jun, 2008 12:00am
JGBs sag after US, euro zone bonds fall on ECB

JGBs sag after US, euro zone bonds fall on ECB

Japanese government bonds fell sharply on Friday, a day after the European Central Bank shocked markets by saying it may raise interest rates as soon as July, hitting US Treasuries and euro zone bonds.
Published 08 Jun, 2008 12:00am
JGBs sag after US, euro zone bonds fall on ECB

JGBs sag after US, euro zone bonds fall on ECB

Japanese government bonds fell sharply on Friday, a day after the European Central Bank shocked markets by saying it may raise interest rates as soon as July, hitting US Treasuries and euro zone bonds.
Published 08 Jun, 2008 12:00am
US Treasuries rally

US Treasuries rally

US Treasuries rallied on Friday after the US jobless rate jumped to its highest in more than 3-1/2 years, soothing fears of an imminent interest rate hike by the Federal Reserve. Crude oil spiked to new records around $139 per barrel, deepening a stock ma
Published 08 Jun, 2008 12:00am
US Treasuries rally

US Treasuries rally

US Treasuries rallied on Friday after the US jobless rate jumped to its highest in more than 3-1/2 years, soothing fears of an imminent interest rate hike by the Federal Reserve. Crude oil spiked to new records around $139 per barrel, deepening a stock ma
Published 08 Jun, 2008 12:00am
US corporate bonds market weakens

US corporate bonds market weakens

US corporate bonds weakened on Friday after news that the employment rate in May reached the highest since late 2004, oil prices hit another record and on expectations for a pickup in new company bond sales. The US jobless rate rose to 5.5 percent from 5
Published 08 Jun, 2008 12:00am
US corporate bonds market weakens

US corporate bonds market weakens

US corporate bonds weakened on Friday after news that the employment rate in May reached the highest since late 2004, oil prices hit another record and on expectations for a pickup in new company bond sales. The US jobless rate rose to 5.5 percent from 5
Published 08 Jun, 2008 12:00am
Mexican stocks dip

Mexican stocks dip

Mexico's stocks fell on Friday and the peso weakened sharply after the US unemployment rate hit its highest rate in 3-1/2 years, stoking fears about the health of the economy in Mexico's main trading partner. The benchmark IPC stock index dropped 1.82 per
Published 08 Jun, 2008 12:00am
Rector NUST

Rector NUST

It is indeed very heartening to share the pleasure and pride of NUST R&D team on the occasion of Foundation-Stone Laying Ceremony of Technology Incubation Center (TIC). This pioneering initiative will boost the efforts of the university towards establishm
Published 08 Jun, 2008 12:00am
China commits $70 million to preserve Tibet culture

China commits $70 million to preserve Tibet culture

China has agreed to commit 70 million dollars to an international fund for preservation of culture in Tibet, according to a global non-profit group which is part of the agreement.
Published 08 Jun, 2008 12:00am
Peshawar inducts latest fire brigade equipment

Peshawar inducts latest fire brigade equipment

The Senior Minister, North West Frontier Province (NWFP) and the parliamentary leader of the Awami National Party in the provincial assembly, Bashir Ahmad Bilour on Saturday has inaugurated the latest fire-brigade and rescue equipment at Bagh-e-Naran Haya
Published 08 Jun, 2008 12:00am
Hepatitis awareness drive to start in 20 districts

Hepatitis awareness drive to start in 20 districts

The Manager, National Programme for Prevention and Control of Hepatitis (NPPCH), Dr Sharif Ahmad Khan has announced starting the Hepatitis awareness campaign in Urdu and local languages in 20 districts. Addressing a workshop at International Dental Colleg
Published 08 Jun, 2008 12:00am
Foundation laying of medical college in Sahiwal on June 12

Foundation laying of medical college in Sahiwal on June 12

Punjab Minister for Food Malik Nadeem Karman has said that Punjab Government has given approval to establish Al-Farid Medical college in the city. Talking to newsmen here, he said that Mian Shahbaz Sharif, after taking oath as the Chief Minister Punjab, w
Published 08 Jun, 2008 12:00am
MGAP concerned over agro-sector problems

MGAP concerned over agro-sector problems

The President, Mango Growers Association Pakistan (MGAP), Zahid Hussain Gardezi has expressed concern over the government's indifferent attitude regarding the problems of the people associated with agriculture in Pakistan feared that the farmers will unde
Published 08 Jun, 2008 12:00am
Rally held to show solidarity with deposed judges

Rally held to show solidarity with deposed judges

Women lawyers arranged a rally to show solidarity with the deposed judges and for the restoration of judiciary here on Saturday evening. Dozens of women lawyers, members of NGO's, civil society activists and political parties were also present in the rall
Published 08 Jun, 2008 12:00am
Chairman Railways directs for timely repair of track machines

Chairman Railways directs for timely repair of track machines

Chairman Railways Muhammad Kashif Murtaza has directed Railways officials to ensure maintenance and timely repair of track machines. He gave directive in this regard while presiding a high level meeting at Railways headquarters here on Saturday.
Published 08 Jun, 2008 12:00am
'Hotel Moenjodaro' staged in Islamabad

'Hotel Moenjodaro' staged in Islamabad

The Ajoka theatre in collaboration with the Sustainable Development Policy Institute (SDPI), Pakistan National Council of Arts (PNCA) and Sungi Development Foundation staged the play 'Hotel Moenjodaro' on June 6 and 7 at the auditorium of Pakistan Nationa
Published 08 Jun, 2008 12:00am
Gems and minerals show rescheduled

Gems and minerals show rescheduled

The rescheduled three-day gems and mineral show now will be held from August 28 to August 30 to promote business sector in the country. All Pakistan Commercial Exporters Association (APCEA) will hold the exhibition in collaboration with Trade Development
Published 08 Jun, 2008 12:00am
Farmers prepare ABP for improving performance

Farmers prepare ABP for improving performance

64 Farmer Organisations (FOs) of Area Water Board/ LCC (W) Circle Faisalabad have prepared their Annual Business Plans for improving their performance (ABP). ABP would help in improving financial efficiency and transparency besides ensuring balance betwee
Published 08 Jun, 2008 12:00am
CDA begins to take possession of sector E-12 land

CDA begins to take possession of sector E-12 land

After a long delay, Capital Development Authority (CDA), finally on Saturday, started physical possession of land earmarked for sector E-12, Business Recorder learnt here on Saturday. Talking to Business Recorder, Asad Ullah Faiz, Director Land, CD
Published 08 Jun, 2008 12:00am
Message from President Islamic Republic of Pakistan

Message from President Islamic Republic of Pakistan

University Industry Linkages: from innovation to application. The second wave of industrial revolution that originated from the Innovation Big Bang of the second World War (1939-1945) has intertwined education, innovation and markets. In reality, the pres
Published 08 Jun, 2008 12:00am
Prime Minister Islamic Republic of Pakistan

Prime Minister Islamic Republic of Pakistan

University Industry Linkages: from innovation to application. The second wave of industrial revolution that originated from the Innovation Big Bang of the second World War (1939-1945) has intertwined education, innovation and markets. In reality, the pres
Published 08 Jun, 2008 12:00am
Chairman Higher Education Commission

Chairman Higher Education Commission

In this knowledge-based millennium, what distinguishes a good university from an ordinary seat of higher learning is its capacity to create new knowledge and its ability to transfer its applied research and technological innovations into marketable produc
Published 08 Jun, 2008 12:00am
Secretary Ministry of Science & Technology

Secretary Ministry of Science & Technology

It is a matter of immense pleasure that NUST is growing by leaps and bounds as a research-intensive university. The quality of research at any university can be ascertained from the tangible impact of its Research & Development output on further research
Published 08 Jun, 2008 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 08 Jun, 2008 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (June 07, 2008).
Published 08 Jun, 2008 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (June 07, 2008).
Published 08 Jun, 2008 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (June 07, 2008).
Published 08 Jun, 2008 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (June 07, 2008).
Published 08 Jun, 2008 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 08 Jun, 2008 12:00am
WHY NUST?

WHY NUST?

First public sector university in Pakistan to be ranked amongst the top 500 universities of the world. A comprehensive university which offers wide range of postgraduate and PhD programs in IT, Engineering, Applied Bio-sciences, Health Sciences, Applied S
Published 08 Jun, 2008 12:00am
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